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Six words to expose the scam

After two years of distilling this down, it’s come to me that it only takes six words:

Banks want us to trade carbon

…

Banks want us to trade carbon.

Years from now historians will write about gullible leaders who go down in history as the ones who sold their nations to Goldman Sachs. Fools who thought they might look important trying to save the planet, but who instead were negligent, ignoring the science and slavishly committing their productive workers to pay tribute to a parasitic layer of financial houses.

Just as Woodrow Wilson came to bitterly regret setting up the US Federal Reserve. Josiah Stamp (1880-1941, Director of the Bank of England) warned us.

“Banking was conceived in iniquity
and was born in sin.
The Bankers own the earth.
Take it away from them,
but leave them the power
to create deposits,
and with the flick of the pen they will
create enough deposits to buy it back again.
However, take it away from them, and
all the great fortunes like mine
will disappear and they ought to disappear,
for this would be a happier
and better world to live in.But, if you wish to remain the slaves of Bankers
and pay the cost of your own slavery,
let them continue to create deposits.“

Josiah Stamp was the second richest man in England. He, his wife and eldest son were killed in their home by a bomb in the London blitz in 1941.

Why do so many people lie down and ask banks to rob them?

Ask not why the bankers do what they do, but why we allow them to do it.

30 comments to Six words to expose the scam

The real enlightenment for me came last week on what approach I would use to write my senator here in the US about my opposition to cap and trade. First, my senator has been quoted in April-May as saying climate legislation would be the biggest revenue generator for the government. He was right at the time but after more than 85% of the emissions credits were given away, the taxe revenue evaporated. Then Greenpeace wrote an opinion peace opposing cap and trade using the analogy that its like an overweight diabetic paying a third party to go on a diet for them. They realize that the bills making their way through congress won’t do much to reduce CO2 emission, let alone change the climate. Finally, there was an article in the Wall Street Journal that said cap and trade could lead to a $3 trillion market for carbon trading by 2020. So cap and trade means bigger wall street bonuses paid through high electric utility rates and fossile fuel costs. I think even Barbara Boxer would have tough time selling that.

The Lancet medical journal also critici$ed non-government organisations (NGOs) for ”working in silos” and avoiding the varied approach needed to change social attitudes.

A $tudy soon to be published by the World Health Organisation (WHO) showed that 37 of the least developed countries appreciated the link between population growth and climate change. However, only six of them identified family planning as part of their adaptation strategy.

The above and just about everything you’ve ever been told about Global Warming is untrue.

From Al Gore’s “An Inconvenient Truth” to news reports from the popular media (The Lancet-medical journal) outlets, and even public classrooms, which in Chicken Little fashion are screaming – the sky is falling. But is it really?
The Great Global Warming Swindle – Produced by WAGTVhttp://www.youtube.com/watch?v=xzSzItt6h-s

That’s what the UN, the IMF, the World Bank and the big foundations, among others, have built throughout the last 60 years, as front institutions for monopoly banks, corporations, and the good old Fabian elite running it all.
Climate change is the ultimate pretext to get everyone under complete regulation and paying taxes through their ears, as established in UN Agenda 21.
Climate change bill: looting the economy for world empirehttp://www.youtube.com/watch?v=TPcgBxhSmuE

Challenges to the way in which “principal components analysis” (PCA) was used, have arisen from McIntyre and McKitrick (2003, 2005a, 2005b) [MM03, MM05a, MM05b]. The challenges are based on rather subtle mathematical nuances. They found MBH98 and MBH99 to be somewhat obscure and incomplete, and the criticisms of MM03/05a/05b to be valid and compelling.

They also claimed that using the MBH98 methodology and the Northern Hemisphere average temperature index, for the period 1400-1980 shows that temperatures in the 15th century exceeded those of the late 20th century. In particular, they claim that MBH98’s incorrect usage of PCA alone, resulted in the well-known “hockey stick” shape. http://climateaudit.org/pdf/others/07142006_Wegman_Report.pdf

More Than 650 International Scientists Dissent Over Man-Made Global Warming Claims.

A newly updated U.S. Senate Minority Report was released last week featuring the dissenting voices of over 650 international scientists. Many are current, and others were former UN IPCC scientists who now criticized the climate claims made by the UN’s IPCC and, former Vice President – Al Gore.

The report quotes Ivar Giaever, a Nobel Prize Winner for Physics, saying: “I am a skeptic…Global warming has become a new religion.”

UN IPCC Japanese Scientist Dr. Kiminori Itoh, an award-winning PhD environmental physical chemist said; warming fears are the “worst scientific scandal in the history …When people come to know what the truth is, they will feel deceived by science and scientists.”

“I believe it is appropriate to have an ‘over-representation’ of the facts on how dangerous it is, as a predicate for opening up the audience.”
GORE AL – CLIMATE CHANGE ACTIVIST.

“Effective execution of Agenda 21 will require a profound reorientation of all human society, unlike anything the world has ever experienced a major shift in the priorities of both governments and individuals and an unprecedented redeployment of human and financial resources. This shift will demand that a concern for the environmental consequences of every human action be integrated into individual and collective decision-making at every level.”
UNITED NATIONS (UN) AGENDA 21

“We are on the verge of a global transformation. All we need is the right major crisis…”
ROCKEFELLA DAVID – CLUB of ROME executive member.

“The common enemy of humanity is man. In searching for a new enemy to unite us, we came up with the idea; that pollution, the threat of global warming, water shortages, famine, and the like, would fit the bill. All these dangers are caused by human intervention, and it is only through changed attitudes and behavior that they can be overcome. The real enemy then, is humanity itself.”
CLUB of ROME – Premier think-tank consultants to the UNITED NATIONS.

“No matter if the science of global warming is all phony…climate change provides the greatest opportunity to bring about justice and equality in the world.”
STEWART CHRISTINE – Former Canadian Minister of the Environment

“My three main goals would be to reduce human population to about 100 million worldwide, destroy the industrial infrastructure and see wilderness, with it’s full complement of species, returning throughout the world.”
FOREMAN DAVE – co-founder of Earth First!

“Human beings, as a species, have no more value than slugs.”
DAVIS JOHN – editor of Earth First! Journal.

“The Earth has cancer and the cancer is Man.”
CLUB of ROME – Mankind at the Turning Point.

“A cancer is an uncontrolled multiplication of cells; the population explosion is an uncontrolled multiplication of people. We must shift our efforts from the treatment of the symptoms to the cutting out of the cancer. The operation will demand many apparently brutal and heartless decisions.”
EHRLICH PAUL (PROFESSOR) – The Population Bomb.

“A reasonable estimate for an industrialized world society at the present North American material standard of living would be 1 billion. At the more frugal European standard of living, 2 to 3 billion would be possible.”
UNITED NATIONS (UN) – Global Biodiversity Assessment.

“A total population of 250-300 million people, a 95% decline from present levels, would be ideal.”
TURNER TED – Founder of CNN and major UNITED NATIONS donor.

“…the resultant ideal sustainable population is hence more than 500 million but less than one billion.”
CLUB of ROME – Goals for Mankind.

“One America burdens the earth much more than twenty Bangladeshes. This is a terrible thing to say. In order to stabilize world population, we must eliminate 350,000 people per day. It is a horrible thing to say, but it’s just as bad not to say it.”
COUSTEAU JACQUES – UNESCO Courier.

“If I were reincarnated I would wish to be returned to earth as a killer virus to lower human population levels.”
PHILIP – PRINCE DUKE of EDINBURGH – Patron of the World Wildlife Fund

Demographic Winter & Demographic Bomb
When the great social experiments of the 1960’s were launched, and when concern over a “population bomb” loomed large, we did not have the social science and economic studies we have available to us today. So the world embarked unknowingly on a self-destructive course.
The population control movement includes organizations, governments and international bodies (like the United Nations), dedicated to lower birth rates. Their methods range from the voluntary to the coercive – including forced sterilization in Peru, and China’s one-child-per-family policy, which has included forced abortions. Over the course of decades, population controllers have persuaded the public, through fear and hysteria, that there are too many people in the world and drastic action must be taken to curb population growth. Their fallacies have been institutionalized and become the “standard wisdom” of Western elites. http://www.demographicwinter.com/index.html

“The science to which I pinned my faith is bankrupt, its counsels which should have established the millennium, led instead directly to the suicide of Europe. I believed them once. In their name I helped destroy the faith of millions of worshipers in the temples of a thousand creeds. And now they look at me and witness the great tragedy of an atheist who has lost the faith.” – George Bernard Shaw.

Nice One! I agree that its the money trail of big business. Perhaps you could plot his in a correlation that matches CO2 increases – like postal costs? haha. Anyway, its seems we are heading down the socialist path. Did you hear that in WA teh goveernment “vets” outgoing postal mail from its public serviants and ministers to ensure nothing negative is said about them? yeah!. The penalty if caught is pay the cost of postage instead of coming out of work expense allowances. Does not cover email, faxes,e tc. but no will be soon. Move over China / Russia selective propaganda…its live and well in OZ.

The level of anti-capitalism, anti-big business sentiment in this thread is worrying – almost akin to the socialists and green-fanatics themselves.

Its a little unkind to tar all bankers with the same brush, and to condemn banks without a detailed understanding of the full spectrum of their operations and how they work. 90% of what many banks do is actually never seen – invisible to consumers, but was in fact fundamental in generating the vast amount of the wealth and economic success of the free, capitalist western economies.

I object vigorously to governments’ and the public being foolish enough to believe all that false green science, and undermine our economic growth and competitiveness for no tangible benefit, but once such decisions are made, is there anything intrinsicly wrong with trying to profit from it?

Capitalism is intended to reward success, which is why it encourages participants to make an effort to strive and aspire to achieve something.

The banking system as it stands right now reaps its biggest rewards for failure and every second major corporation is offering their executives golden parachutes in return for decimating stockholder value. That’s why it is so clear, even to a simpleton, that what we have operating now is nothing like the way Capitalism is supposed to work and all this 90% special magical stuff you don’t see that is supposedly really good stuff, it ain’t generating wealth, it is generating massive wealth transfer.

The citizens who used to believe in the system, now can see that the game is rigged against them so they choose to drop out and not play anymore. They will stay out, and worldwide confidence will stay down until feel they are being treated fairly.

But don’t let me bog down with too much theory, let’s do a worked example here. At the start of 2006 we had two big and very successful chicken companies, one called “Pilgrim’s Pride” and one called “Gold Kist”. These companies sold chicken meat to Middle America. That’s like selling beer to Australians — a no brainer, something that can’t fail even if you tried to make it fail.

These two companies were competitors, and the chicken market was a competitive efficient market just like the invisible hand intended it to be… until, someone managed to dump a big loan into the middle of the picture and a takeover offer bought up Gold Kist shares were bought at the hugely inflated price of $20 per share. The companies merged and Gold Kist became part of Pilgrim’s Pride… a new Pilgrim’s Pride that now had about 2.5 billion dollars debt. But this was late 2006, no one cared about huge debt.

Let me just be clear about what these companies actually do in the physical world. They contract farmers to sell them chickens, cut the heads off the chickens, pull out the feathers, clean up what’s left, package it and freeze it. That’s it. No rocket science.

Now billions of dollars of extra capital had been transferred into this industry — for what? Were they going to research and develop a new chicken? Open up new territory? An expedition in search of the lost egg of Emperor Wu?

The plain and obvious answer is that no additional capitalisation was needed here, there was nothing to gain by injecting it, and absolutely no capacity for paying off the interest payments.

Especially when around mid 2009 the merged company now sits in Chapter 11 bankruptcy. A victim of a bank, and of too tempting by half seemingly cheap loans. Which bank? So I’m told it was Lehman Bros. with a bit of help from Merrill Lynch.

Generating vast amounts of wealth? The only hope for return in investment was the thin chance of being able to gain a monopoly footing in the market, throttle competition, close down production facilities and generate artificial scarcity to widen profit margins. This was a sad attempt at Enron-style market manipulation, it failed for Enron and it failed for Pilgrims too. Regardless of that, their current strategy is to deliberately idle their production plants, in the hope of reducing production, creating a shortage and boosting margins:

Pilgrim’s Pride management said idling the plants is “absolutely critical” to its future and is done to protect the jobs of its 41,000 employees and 4,500 growers. The company is emerging from Chapter 11 bankruptcy protection

Now we will probably see a buyer for Pilgrims, which will be another big meat processing company and even more consolidation in agriculture, and even less competition in the marketplace. This is not a step toward efficient markets, its a step towards Central Planning, corporate style. And you wonder why us Capitalists are uneasy about bankers?

On October 14, Lord Christopher Monckton, a noted climate change skeptic, gave a presentation at Bethel University in St. Paul, MN. In the following 4-minute excerpt from his speech, he issues a dire warning to all Americans regarding the United Nations Climate Change Treaty, to be signed in Copenhagen in December 2009 (something stinks in Denmark…again).

Page 18: Section 38 of the “Share vision for long-term cooperation action plan” contains the text for forming the new government.

Page 40: Section 46 Subsection H of the “Objectives, scope, and guiding principles” contains the text for enforcement and establishment of the rule of law.

Lord Monckton served as a policy adviser to Margaret Thatcher. He has repeatedly challenged Al Gore to a debate to which Gore has refused. Monckton sued to stop Gore’s film “An Inconvenient Truth” from being shown in British schools due to its inaccuracies. The judge found in-favor of Monckton, ordering 9 serious errors in the film to be corrected. Lord Monckton travels internationally in an attempt to educating the public about the myth of global warming.http://www.youtube.com/watch?v=PMe5dOgbu40

There has been considerable debate raised about Monckton’s conclusion that the Copenhagen Treaty would cede US sovereignty. His comments appear to be based upon his interpretation of the Supremacy Clause in the US Constitution (Article VI, clause 2). This clause establishes the Constitution, Federal Statutes, and U.S. TREATIES as the supreme law of the land. Concerns have been raised in the past that a particularly ambitious treaty may supersede the US Constitution. In the 1950s, a constitutional amendment, known as the Bricker Amendment, was proposed in response to such fears, but it failed to pass. You can read more about the Bricker Amendment in a 1953 Time Magazine article:http://www.time.com/time/magazine/article/0,9171,806676,00.html

“Out of these troubled times, our fifth objective…a New World Order can emerge…Now, we can see a New World Order coming into view: A world in which there is a very real prospect for a New World Order…A world where the United Nations, freed from a Cold War stalemate, is poised to fulfill the historic vision of its founders.” – George H.W. Bush

Baron, I’m a free-market girl. And pro-capitalist. Read the document attached to the previous post. Most banking executives or shareholders are just doing their job, but they all benefit from a system that we don’t need to have. The paper-aristocracy know what is going on. There are not many at the highest of high levels. I have been lucky enough to speak to 2 former central bankers and a director of one of our local big 4 banks. IMO these three are all good people.

We the people allow this system to occur.

Banks used to manage risk, and it meant something when money supply wasn’t growing at 10% pa year after year. You used to have to ask your bank-manager for a loan, now bank managers ask you to take them. They’re not managing risk, because they give a loan to nearly anyone who can sign on the line.

The banking industry profits from diluting our sovereign currency. Each new dollar snips some power off all the others in existence. We gift banks this power, then they charge interest to say thanks as they take our purchasing power.

The carbon market is not a free market, and an ETS or Waxman-markey is not about capitalism.

Science is being used as the excuse to feed profits, corruptions and status.

In the US the loosening credit was mandated by the Federal Government beginning with the Communitity Revitalization Act during the Carter Administration. That was the crack in the dam. Things were held back thanks to twelve years of Republican Control in the White House, but really took off with the Clinton Administration threating non-compliant banks with losing credit ratings. Then came the flood of bad loans, packaged up nicely and sold around the world.

Unfortunately GW Bush was never really a fiscal conservative and never saw a spending bill he didn’t like either. So he wasn’t inclined to turn things back and all this contributed to last year’s big crash. Whenever people think to get rich for nothing, there’s hell to pay.

With the Obamasiah in the White House and the Dems on full throttle in the Congress, things will only get worse. We aren’t helped by the RNC which thinks that by being more “liberal” they might gain some seats, so they abandon their core constituency.

Makes me laugh whenever I hear the “deniers funded by big [insert hated industry]” mantra. I am sure that over the next few years all but the most rabid greens will come to see the monster they have helped create.

Long ago in India, when it was under British rule, the tax system was something like this ..

The Government (British) told the tax collectors (Zamindars – functionaries of the old deposed regimes) how much it wanted in tax. The Zamindars gave it to them ‘up front’. Now backed by the authority and military might of Britain the Zamindars went out to ‘reclaim’ the taxes at the local level. The Zamindars were now free to collect taxes at the whatever rate they saw fit. Effectively they had purchased a licence to tax from the Government. The result was of course starvation and riots.

With that in mind, lets see if I am clear on “carbon taxes”…

The Government sells ‘emissions certificates’ to the local cartel (Carbon exchange) for an up front fee (lets say $1 each). Government happy, tax in bank.
The Cartel then pass them around in a system that God himself couldn’t audit or untangle and they achieve a ‘market rate’ of $5 each before being sold on to power companies and industry. Price of everything involving ‘carbon’ goes up at the local level by at least $5 per ‘unit’ and that only if the rest of the chain sold on at cost (very unlikely). The Zamindars must be turning in their collective graves that they didn’t get in on this one.

For a constituency that trumpets its social responsibility, both the bankers and the greens have alot to explain. Every year in America, people freeze to death for want of resources to buy fuel. Imagine a tripling of prices for coal, gas, and sparky; many more dead, as they attempt to survive with a blanket and prayer. These are NOT ‘unintended consequences’, periodically it seeps out the ‘need for population control’. I call it ‘serficide’.

No matter what their words, by their actions they do not mean well. Their prime directive is to destroy wealth, destroy modern technological civilization, and to destroy the lives of those who create and maintain them. Recognizing this is a start toward discovering the solution to the problems they create. It is either them or us. There is no middle ground.

I am attempting the formation of a Bank. I use the term advisedly, I mean to exclude exchange, investment, and money. Wealth itself is the only value that warrants respect, and its acquisition and reward is demanding of honesty, and work. Currency creates an illusion of
Wealth, can be created and destroyed, and attracts Greed rather than industry. Any conservative approach to production and community runs the risk of being labelled ‘collective’ or ‘capitalist’, how odd this is. This approach oddly enough makes for an alliance of the collective and the individual, ever the challenge for man, when not protecting himself.

Might as well put in a link to Dr Clive Spash who seems to believe that a Carbon Tax would be more effective at reducing emissions than a trading scheme. However, a Carbon Tax is difficult to sell to the voters because it’s way too honest. Can’t exactly conceal the fact that it’s a tax, when you call it a tax, and implement it like a tax.

Speaking of honesty, it seems there’s new part of the scientific method where scientists share all their results, except for any results that might interfere with government policy. For this reason, no one is to be allowed to actually read Clive’s article, we merely imagine what it might say.

“I’m encouraging our scientists to speak to the public. We’re training our scientists to do that and they have my personal backing,” she said.

“With it comes responsibility to make sure that we adhere to one of the most fundamental values of the organisation, which is the integrity of our excellent science.

“That’s what the Australian people trust us for and we absolutely must always respect that value and never cross the line into commenting on policies.

Yes this is the real deal, maintain integrity by self censorship. Not even bothering to hide it — just make a feature of it.

See, this is consistent with ‘The Debate Is Over’. I have no takers for honest debate in the threads I frequent. Gore meant what he said. The usual suspects are in line with the Directive. When there is no Debate, even PRO, it is virtually a given: the Marginalisation of the critical. As an ex politician, I recognize all the criteria, and it is chilling. I speak with actual scientists (real ones) constantly who don’t understand the Hockey Stick is debunked, and are unaware of the current Mean Global Temperature. Orwellian.

Comparing to Goebbels is unfair, we have not gone down that far (yet). Save the Goebbels comparison for when we really need it, and hope that we never really need it.

I’ll admit that the phrasing does have a touch of the Orwellian newspeak to it, but the real trick is just to blatantly presume that science should rightly be subordinate to political controls, and then convince the listener that the very best science can only be achieved by the very tightest control.

The “Ministry of Truth”?? Truth does not need a ministry, and certainly not a minister. Propaganda is propaganda, IMO, and the stakes are different, certainly the target is. I withdraw my hyperbole, Tel, and appreciate your response.

David Z: Fair question. Apparently Josiah Stamp said it while speaking at the Commencement Address of the University of Texas in 1927. But no, I wasn’t there, so if anyone has a transcript of that speech I would very much like to read it.

Anyone who was there is 100 today (if they’re still with us). This quote has been kicking around for decades, so I would hope and presume that if Stamp did not say anything remotely like that, then people have had years to step forward and say so.

This one is another quote that is very appropriate today:
Josiah Stamp – Attibuted to Sir Josiah Stamp (1849 – 1941) HM Collector of Inland Revenue.
- The government (is) extremely fond of amassing great quantities of statistics. These are raised to the nth degree, the cube roots are extracted, and the results are arranged into elaborate and impressive displays. What must be kept ever in mind, however, is that in every case, the figures are first put down by a village watchman, and he puts down anything he damn well pleases.

The first paragraph of Mark Taibbi’s article in Rolling Stone Magazine – ‘The Great American Bubble Machine’ reads:-“The first thing you need to know about Goldman Sachs is that it’s everywhere. The world’s most powerful investment bank is a great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money.”

That statement is somewhat prophetic when you read Joanne’s
“Six words that expose the crisis”

Retired climatologist Dr. Tim Ball joins us to discuss the significance of the recently leaked emails and documents from the Climate Research Unit at East Anglia University which expose deceit, duplicity and collusion between climate researchers to maintain the fraud of the man-made global warming theory. These emails reveal stunning behind-the-scenes details about how this fraud has been developed and perpetuated, and Dr. Ball shares his insights on what they show.

“The problem is not that the young people haven’t learned our values; it’s that they have. They can see beneath our social and religious platitudes to what we care about most. Our great cultural message comes through loud and clear: it is an affluent lifestyle that counts for success and happiness. Yet we sometimes seem startled when the young really take our consumer values to heart and lose their hearts in the process.”- Jim Wallis “The Soul of Politics”

[...] in a public discussion of global warming is either to ask for evidence, or to just say six words: The banks want us to trade carbon. Now the $126 billion dollar figure for 2008 can be updated to $136 billion for 2009. (But note [...]